Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

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Data governance is on the rise, but still faces barriers

Dimensional Insight, developers of business intelligence solutions, has released a survey on current data governance within hospitals in America. The survey includes responses from CIOs and CMIOs in an overview of current data governance initiatives with an eye toward the future of implementation.

Phone calls more effective to remind people of colon cancer screening

Phone calls are significantly more effective than text messages and letters at reminding patients about cancer screenings, according to a study published in the Journal of General Internal Medicine.

28% use internet, mobile apps as primary sources of health information

American consumers are becoming increasingly dependent on technology for self-care, care information and communication with providers, according to a UnitedHealthcare's 2017 Consumer Sentiment Survey.

Google AI has IQ of 47, about that of 1st-grader

Artificial intelligence (AI) has a long way to go before taking on first graders, according to a report published in Annals of Data Science. The report aims to unite AI and human characteristics to improve overall knowledge of AI.

Machine learning can expedite diagnosis of colorectal cancer

A machine learning tool could help physicians in predicting the onset of colorectal cancer as much as a year before the cancer progresses, according to a study published in Digestive Diseases and Sciences. 

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VR tours of ORs reduce anxiety in pediatric patients

Providing pediatric patients with a virtual reality (VR) tour of the operating room (OR) before receiving anesthesia could reduce preoperative anxiety, according to a study published in British Journal of Surgery.

1 in 5 Americans reports experiencing medical errors

Roughly 21 percent of adults in America have personally experienced medical errors, according to a national survey conducted by the IHI/NPSF Lucian Leape Institute and NORC at the University of Chicago.

Inspectors could reduce medical device recall rates by 20%

The U.S Food and Drug Administration (FDA) could reduce the amount of recalled medical devices by 20 percent by placing product inspectors on a rotating schedule, according to a study published in Manufacturing & Service Operations Management.

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Around the web

Health Exec
These health systems have the biggest digital health portfolios

U.S. health systems are increasingly leveraging digital health to conduct their operations, but how health systems are using digital health in their strategies can vary widely.

Health Exec
Toylike robot pleases counseling clients where humanoid counterpart struggles to connect

When human counselors are unavailable to provide work-based wellness coaching, robots can substitute—as long as the workers are comfortable with emerging technologies and the machines aren’t overly humanlike.

Health Exec
Medsender, Patagonia Health team up to aid public health efforts against COVID-19

A vendor that supplies EHR software to public health agencies is partnering with a health-tech startup in the cloud-communications space to equip state and local governments for managing their response to the COVID-19 crisis.